Basic information / requirements:
Producers providing services to foreign films.
50% for the first EUR 1 million on the eligible expenditure in Canary Islands / in some cases this percentage can reach up to 54% depending on the total budget.
45% for the remaining eligible cost.
Minimum Canary expenditure: EUR 1 million.
Maximum deduction will be EUR 12.4 millions.
Local production or service production companies must be tax resident in the Canary Islands.
Qualifying expenditure in the Canary Islands directly related to the production:
Creative crew with residence in the EEC 100,000€ / person (i.e. directors, screen writer, musical composer, actors and creative technical staff).
Expenditure on technical industries and other suppliers.